Developing countries now buy a larger share of U.S. agricultural exports than developed countries, and this new pattern of agricultural trade can have implications for the elasticity of U.S. export demand. This research estimates whether the U.S. export demand is becoming more price elastic or...

The present study highlights the context of wheat futures trading in India and examines its performance in terms of price transmission between Indian and US futures, domestic futures and spot markets, and, extent of integration between those markets. Role of wheat futures in price...

This paper studies the relationship among domestically produced and imported melons and vegetables (i.e., fresh onions, fresh tomatoes, spinach, oranges and cantaloupes). The U.S import expenditure, quantity, and price data are collected from the Economic Research Service (ERS). U.S. vegetables...

Rice, which is one of the major sources of energy, vital nutrients and a staple food, is in short supply in many Nigerian households. Nigeria is among many African countries that have engaged in agricultural liberalization since 1986 in the hope that reforms emphasizing price incentives will...

Corn and crude oil futures contracts are analyzed for their effectiveness in reducing uncertainty for international corn traders after China's accession to the World Trade Organization. A theoretical model is developed for a trader exposed to several types of risk. The naive hedge strategy is...

The study analyzed the responsiveness of maize grain and maize meal spatial price volatilities to increased government participation in maize grain marketing in Zambia using descriptive statistics and vector auto-regression (VAR). This was achieved by comparing spatial price volatility means and...

A declining trend in the prices of vanilla beans reduce export earnings of developing country exporters. At the same time, currencies for these developing countries have depreciated. The 'new' trade theories suggest that market structure plays an important role in relating exchange rate...

This paper uses a partial equilibrium commodity model of the EU agricultural market to examine the impact on the EU of two possible trade reform scenarios that could emerge under a World Trade Organisation (WTO) agreement. It explores the potential outcome up to 2017 under these scenarios,...